Welcome to the City by the Sea! Step into this beautifully serene, fully renovated 1-bedroom home, located in the vibrant East End of Long Beach on the beachside. The modern kitchen is equipped with granite countertops and stainless-steel appliances, and the newly designed bathroom adds a touch of elegance. Every detail of this renovation was thoughtfully curated to create a peaceful atmosphere, with ample closet space providing convenience throughout. Relax and unwind on the largest terrace in the building, where you can soak in stunning ocean views. Start your day with the magical sunrise from the comfort of your home, with ocean views from every window. This building offers a variety of amenities, including a gym, outdoor heated pool, charming patio, bike storage, and laundry on every floor. Just steps from the beach, you can enjoy the sand between your toes and collect beautiful seashells. Located in a prime area close to transportation and exquisite restaurants in both Long Beach and Point Lookout, this home offers more than just a place to live-it's a lifestyle. With only 10% down, make this your permanent sanctuary and seize the opportunity to own your slice of paradise today!, Additional information: Appearance: Excellent
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,591 | $2,528 | $3,192 |
Total Monthly Payment | $2,666 | $2,603 | $3,267 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.